Government reveals financial figures for April to November period, with expenditure reaching HK$472.3 billion and revenue at HK$241.6 billion Economist Andy Kwan calls deficit alarming Hong Kong's ...
Hong Kong Stocks Plunge to Losses for 4th Straight Year
a Japanese bank. “China’s weak economy clearly has weighed on the performance of Chinese stocks listed in Hong Kong,” Mr. Seth said. Image Hundreds of billions of dollars flowed out this year as money ...
UBTech, maker of Stormtrooper robots, gains in Hong Kong trading debut after pricing final IPO of 2023 at lower end of range
Stock rises in trading after an early drop, as Hong Kong's equity market wraps up a fourth straight year of losses Shenzhen-based robot maker sold about 11.3 million new shares at HK$90 each, versus ...
Top 10 things to do at the Bank of China Hong Kong Tennis Open 2024
ATP Tour tennis returns for the first time in more than 21 years this New Year with the inaugural Bank of China Hong Kong Tennis Open 2024 (BOCHKTO), from 31 December to 7 January at Victoria ...
Hong Kong Shares May Run Out Of Steam On Friday
The Hong Kong stock market has finished higher in back-to-back sessions, jumping more than 700 points or 4 percent along the way. The ...
Hong Kong stocks may reverse losing streak in 2024 on likely Fed rate cut, China policy support: HSBC Jintrust
Hong Kong stocks could end their longest losing streak in 15 years, as US monetary policy easing boosts risk appetite and corporate earnings improve on China’s economic recovery, HSBC Jintrust says.
HSBC HOLDINGS (00005.HK) Approved to Sell HSBC Canada to RBC; Expected Completion 1Q24
HSBC HOLDINGS (00005.HK) announced that the Minister of Finance of the Canadian federal government approved yesterday (21 Dec) the sale of its Canadian branch to the Royal Bank of ... HSBC HOLDINGS ...
Hong Kong stocks slip, trimming weekly gain, as market wraps up fourth year of losses
A 4 per cent rebound this week offers some consolation to investors in another poor year of trading in Hong Kong. China’s property and local government troubles could impede stock gains next year.
Hong Kong-Based Value Partners Plans to Tokenize 3 Tons of Gold and Roll Out Cryptocurrency ETFs
Value Partners, a Hong Kong-based company says it has plans to tokenize gold assets and also make an entry to the much anticipated Exchange Traded Fund (ETF) market.
Electric Car Companies From China Are Flocking to Hong Kong
Companies involved in China’s electric car industry are setting up shop in Hong Kong to leverage the city’s financial system for their global expansion, investing over $1 billion so far and creating ...
Xiaohongshu Nears IPO as E-commerce Progress Sparks Profit Surge: Report
As one of the unicorns in China's internet industry, Xiaohongshu has been around for ten years and has gone through six rounds of financing. Now, it's reportedly a step away from going public.
China’s net gold imports via Hong Kong rise in November
CHINA’S net gold imports via Hong Kong rose about 37 per cent in November from the previous month, data showed on Thursday (Dec 28), as the world’s top consumer eased some import restrictions on the ...
Lawmaker appeals for tougher rules for virtual asset exchange shops after young people duped into suspected money-laundering of millions of Hong Kong dollars
Legislator Johnny Ng says he had heard of five or six suspected money-laundering cases involving young people in December alone Ng adds all involved people in their 20s suspected of using virtual ...
Teenager jailed for six years after admitting Hong Kong bomb plot
A Hong Kong man has been sentenced to six years in prison after pleading guilty to a terrorism charge under a Beijing-imposed national security law ...